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Best Forex Brokers in Italy for 2025

Steven Hatzakis

Written by Steven Hatzakis
Edited by John Bringans
Fact-checked by Joey Shadeck

July 15, 2025
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Steven Hatzakis Steven Hatzakis

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. He is a forex industry expert and an active fintech and crypto researcher.

ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Here's how we test.

Trading forex (currencies) in Italy is popular among residents. While recommended, forex brokers are not required to become authorised by the Commissione Nazionale per le Società e la Borsa (CONSOB) to accept residents of Italy as customers. Clicca qui per la traduzione italiana.

The Commissione Nazionale per le Società e la Borsa is the financial regulatory body in Italy. Website: http://www.consob.it. CONSOB does not have any social media accounts to follow.

CONSOB

CONSOB was established in 1974 and is responsible for regulating investment services, authorizing operations of regulated markets, and monitoring operations of market management companies. For a historical breakdown, here's a link to the Commissione Nazionale per le Società e la Borsa webpage on Wikipedia.

Best Forex Brokers Italy

To find the best forex brokers in Italy, we created a list of all brokers that list Italy as a country they accept new customers from. We then ranked brokers by their Overall ranking.

Here is our list of the best forex brokers in Italy:

Italy Forex Brokers Comparison

Compare Italy authorised forex and CFDs brokers side by side using the forex broker comparison tool or the summary table below. This broker list is sorted by my overall rankings of the top forex brokers.

Company Accepts IT Residents Average Spread EUR/USD - Standard Minimum Deposit Overall Rating
IG logoIG
check 0.98 info £250.00 5/5 Stars
Interactive Brokers logoInteractive Brokers
check 0.59 info $0 5/5 Stars
Saxo logoSaxo
check 1.1 info $0 5/5 Stars
FOREX.com logoFOREX.com
check 1.4 info $100 5/5 Stars
XTB logoXTB
check 1.00 info $0 info 5/5 Stars
eToro logoeToro
check 1 info $50-$10,000 4.5/5 Stars
Capital.com logoCapital.com
check 0.67 info $10 info 4.5/5 Stars
AvaTrade logoAvaTrade
check 0.93 info $100 4.5/5 Stars
Plus500 logoPlus500
check 1.3 info €50 info 4.5/5 Stars
FXCM logoFXCM
check 0.78 info Starts from $50 4.5/5 Stars
Pepperstone logoPepperstone
check 1.00 info $0 4.5/5 Stars
XM Group logoXM Group
check 1.6 info $5 4.5/5 Stars
FP Markets logoFP Markets
check 1.2 info $100 AUD 4.5/5 Stars
IC Markets logoIC Markets
check 0.62 info $200 4.5/5 Stars
FxPro logoFxPro
check 1.51 info $100 4.5/5 Stars
Tickmill logoTickmill
check 0.51 info $100 4.5/5 Stars
BlackBull Markets logoBlackBull Markets
check 0.71 info $0 4.5/5 Stars
HFM logoHFM
check 1.2 info $0 4/5 Stars
Trading 212 logoTrading 212
check 2.7 info €1 4/5 Stars
Questrade logoQuestrade
check N/A $250 4/5 Stars
ActivTrades logoActivTrades
check 0.98 info $0 4/5 Stars
Moneta Markets logoMoneta Markets
check 1.38 info $50 4/5 Stars
Eightcap logoEightcap
check 1.0 info $100 4/5 Stars
Spreadex logoSpreadex
check 0.81 info $0 4/5 Stars
easyMarkets logoeasyMarkets
check 0.8 info $25 4/5 Stars

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Winners Summary

Best forex broker in Italy - IG

Company Accepts IT Residents Overall Rating Minimum Deposit Average Spread EUR/USD - Standard
IG logoIG
check 5/5 Stars £250.00 0.98 info

IG is my top pick for forex traders in Italy. Founded in 1974 and publicly traded on the London Stock Exchange (LSE: IGG), IG is regulated in eleven Tier-1 jurisdictions and holds a strong track record for reliability, transparency, and platform performance. It won our 2025 Annual Award for #1 Overall Broker.

Italian residents are served through IG Europe GmbH, which is authorized and regulated by BaFin in Germany and passported into Italy under MiFID II. IG is also listed in CONSOB’s register of financial intermediaries, which ensures local compliance and investor protections for traders in Italy.

Platform: IG’s proprietary web and mobile platforms are among some of the best I’ve tested. The browser-based platform is fast, intuitive, and packed with features like advanced charting, integrated Reuters news, economic calendars, and customizable watchlists. The IG Trading app offers a similarly polished experience on mobile. Advanced traders can also use MetaTrader 4, ProRealTime, or API access for algo and custom trading setups.

Pricing: Spreads on major pairs like EUR/USD start from 0.6 pips, and IG uses a spread-only pricing model, so no commissions on standard forex trades. While the minimum deposit is typically around €300, IG’s combination of platform quality, strong regulation, and research tools makes it a top-tier choice for Italian traders.

Best for professional traders - Interactive Brokers

Company Accepts IT Residents Overall Rating Minimum Deposit Average Spread EUR/USD - Standard
Interactive Brokers logoInteractive Brokers
check 5/5 Stars $0 0.59 info

Interactive Brokers (IBKR) is the best choice for professional traders in Italy who want direct market access, advanced tools, and tight spreads. Founded in 1977 and publicly traded on NASDAQ (IBKR), the firm is regulated in nine Tier-1 jurisdictions and holds a top-tier trust score in our reviews.

IBKR operates in Italy through its European subsidiary, Interactive Brokers Ireland Limited, which is authorized under MiFID II and listed with CONSOB as a cross-border investment service provider. This ensures full compliance with local financial laws while giving Italian traders access to global markets.

Platform: IBKR’s flagship platform, Trader Workstation (TWS), is built for serious traders. It supports multi-asset trading, advanced charting, risk analytics, and custom algorithmic strategies. For those who prefer a more user-friendly interface, IBKR Desktop and IBKR Mobile offer excellent alternatives with modern layouts and synced watchlists.

Pricing: Forex spreads are among the tightest in the industry, with EUR/USD averaging 0.2 pips, and commission-based trading. A $2 minimum commission per side applies, which means smaller trade sizes may incur higher effective costs. There’s no required minimum deposit, and active traders benefit from volume-based pricing discounts. If you’re looking for institutional-grade tools and low fees, IBKR is a strong choice.

Best platform suite and research - Saxo

Company Accepts IT Residents Overall Rating Minimum Deposit Average Spread EUR/USD - Standard
Saxo logoSaxo
check 5/5 Stars $0 1.1 info

Saxo Bank is a trusted choice for Italian traders who want top-tier research, extensive market access, and a professional-grade platform suite. Founded in 1992 and headquartered in Denmark, Saxo is regulated by the Danish FSA and operates in Italy under MiFID II passporting, with registration through CONSOB.

Platform: Where Saxo really shines is in its trading platforms. SaxoTraderGO is the broker’s web and mobile platform and offers a sleek, user-friendly experience packed with powerful features like interactive charting, integrated news, sentiment analysis, and account analytics. For more advanced traders, SaxoTraderPRO provides a fully customizable desktop platform with multi-screen support, advanced order types, and institutional-level tools.

Saxo gives access to over 40,000 financial instruments, including forex, CFDs, stocks, ETFs, options, bonds, and commodities. The broker also delivers some of the best in-house research I’ve come across, with daily market insights, trade ideas, and macroeconomic analysis from Saxo’s global team of analysts.

Pricing: Spreads are competitive, especially on the Platinum and VIP tiers, where EUR/USD spreads can go as low as 0.6 pips. Saxo operates on a tiered account structure, and the minimum deposit for Classic accounts is €2,000, which may be higher than some competitors. But for traders who prioritize platform quality and premium service, Saxo stands out.

How to Verify CONSOB Authorisation

Residents of Italy can search for authorised firms with retail locations as well as authorised firms without retail locations. Most forex brokers will be located in the list without physical locations.

securityWhy regulation is important

Choosing a well-regulated forex broker is important for avoiding forex scams. Check out my popular educational series that teaches you how to identify common forex scams and provides helpful information about what to do if you've been scammed. For crypto traders, I explain how you can spot common crypto scams.

FAQs

Is forex trading legal in Italy?

Yes, forex trading is legal in Italy. However, it is important to trade only with brokers that are properly regulated and authorized to operate under EU financial rules. Brokers offering services in Italy must either be licensed directly by the Commissione Nazionale per le Società e la Borsa (CONSOB) or registered to operate in Italy under MiFID II passporting rights from another EU member state. This regulatory framework helps protect Italian investors by enforcing strict compliance standards, transparency, and investor safeguards.

Before opening an account, Italian residents should always check the broker’s registration status with CONSOB. You can do this by visiting the official CONSOB website and searching for the broker’s legal name under their list of authorized financial service providers.

What time does the forex market open in Italy?

The forex market operates 24 hours a day, five days a week, and opens every Monday morning in Asia. In Italy, the forex trading week typically begins at 11:00 PM on Sunday (CET) when the Sydney session opens, followed by Tokyo, London, and New York.

The most active hours for forex trading in Italy are during the London trading session, which runs from 9:00 AM to 6:00 PM CET, and the New York session, which overlaps from 2:00 PM to 11:00 PM CET. These time windows usually offer the best liquidity and tighter spreads, particularly for major currency pairs like EUR/USD and GBP/USD.

What is the best forex broker in Italy?

My top pick for the best forex broker in Italy in 2025 is IG. Regulated across eleven Tier-1 jurisdictions and listed with CONSOB through MiFID II passporting, IG delivers a premium trading experience backed by decades of expertise. Its powerful web and mobile platforms, combined with support for MetaTrader 4, ProRealTime, and API trading, make it a great fit for beginner and active traders.

IG’s transparent pricing, fast execution, and integrated market research tools helped it win our 2025 Annual Award for #1 Overall Broker. For Italian residents looking for a trusted, full-featured broker with local regulatory oversight and top-tier technology, IG is a clear standout.

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2025 Review Methodology

At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).

Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.

We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points.

Some of the other important research categories that are factored into our testing include mobile trading accessibility and capability, availability of market research and educational content, and each broker’s overall Trust Score.

All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.

Read our full explanation and accounting of our research and testing process to learn more about how we test.

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Read more on forex trading risks.

About the Editorial Team

Steven Hatzakis

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

John Bringans

John Bringans is the Managing Editor at ForexBrokers.com. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.

Joey Shadeck

Joey Shadeck is a Content Strategist and Research Analyst for ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.

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